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, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who've been softening their stance on raising taxes. senator dick durbin, democrat from illinois, w
. the organization for economic cooperation and development cut its forecast for the u.s. economy for this year and next year, and on fiscal cliff negotiations, the oecd said, quote, diseaecisive policy actis needed to ensure that stalemates over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. plunge back into recession the whole world, a very bad, bad idea. >> a lot of menacing terms there. fiscal cliff a menacing term here. now we know we are just under 35 days away before we fall off that cliff. which could lead to deep spending cuts. want to bring in republican senator pat toomey from pennsylvania. he was a member of the deficit reduction super committee last year that failed to agree on a plan. but he's been talking about this issue for a long, long time. good morning, senator. >> good morning. >> we just learned that president obama will be traveling to your backyard on friday to talk about the fiscal cliff and spending, and traveling to pennsylvania right now. is this a welcome visit as far as you're earned? >> as far a
on fiscal cliff and the state of the u.s. economy. >>> other top stories for you this morning, former senator and presidential candidate bob dole expected to be discharged from a washington's walter reed army medical center today. an aide says the 89-year-old checked himself into the hospital for a routine procedure and that he's doing well. you might want to put down the pork chop. a new study from consumer reports found 69% of raw pork products in u.s. supermarkets are contaminated by a foodborne bacteria that can cause fever, cramps and intestinal bleeding. researchers say it means we need better hygiene in animal plants. the pork industry questions the methods used in the study. >> wow. >> cook your meat. >> we eat a lot of bacon on this show. >> the country does or you and i personally? >> the country does. and then you and i personally. >> yeah. >> eat a lot of bake be. awe should microwave it before we -- still ahead this morning on "starting point," might be another stand your ground case to tell you about in the state of florida. teenager shot and killed. the murder suspect s
, the end of the blockade, or the easing of the blockade, that's crippled the economy now for four years, and the israelis want security, obviously, for because of the hamas rockets hit for the first time as far as tel aviv and jerusalem. so there's motive to move forward. the question is, is there the will. that's always been the issue. >> both sides have the motive to move forward, as you say. both sides also claiming victory in this small skirmish over the last several days. want to play a sound bite from the leader of hamas who spoke in gaza city. >> translator: the victory of gaza is a solid truth, not a phenomenon. the era of egypt and the region has changed, and america has now beginning to learn a new and listen to a new language. >> so is he right? is there a new era dawning in the middle east? and what does it mean for the u.s.? >> well, there's clearly a new era dawning in the middle east. and we're still trying to figure out what the new order is going to look like, as are many people on the ground. but both sides to a certain degree can claim a degree of victory here. hamas
an important part of the economy. so we wish everybody the best. >> hopeful they'll be able -- the people want their jobs. this looks like the people who own the company really wanted to continue to make this iconic brand. >> if investors could buy it maybe they could keep some of those factories running. some of those factories quite frankly are pretty old and inefficient. so we'll see. >> christine, thank you for the update. still ahead we continue to follow the breaking news out of tel aviv the bomb blast on that bus this morning. ruin any chances for a de-escalation which is what they've been talking about. we're going to be chatting with the ambassador stuart holliday ahead. then the republican tradition the iowa straw poll. why is the state's governor saying, eh, kind of useless. talk about that straight ahead. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. i heard you guys can ship
'm there when the consumers are waiting in line to get in. >> the economy is improving, albeit slowly. how much will we hear the cha ching this weekend? you're going to hear this was a really black friday because they extended the hours, got new consumers who are shopping. not everybody is a sporting shopper who gets up at 3:00 or 4:00 am. >> sporting shopper. >> that's a nice way of saying those fanatics, those crazy people who go out those crazy hours. it's about recognizing they've been able to expand that to a whole new group of shoppers that will be shopping later today. >> compare it to last year. >> do you have more money in your pocket just because there are more hours? what's going to happen is consumers are going to take advantage of some of the really good deals upfront and then we'll go into that two-week low after the black friday weekend. that low will be even bigger. higher early and a lower low and then we're going to go back to that craziness that happens at the last minute. >> you mentioned the big deals that get you in the door, door buster deals i guess they're called. i wan
Search Results 0 to 5 of about 6

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